This is a YouTube video titled "🚨 Home Values to Continue Rapid Increase for 2 More Years 🚨" containing a commentary on the housing market from March 30, 2022. The speaker discusses predictions of home price increases, housing supply shortages, and the impact of supply chain issues on new home construction.
Willow predicts home prices to increase another 18% in the year 2022. That's right on pace to last year's increase. So home prices are not slowing down in any way. Then Freddie Mac came out and showed that While we have 800,000 homes available for sale, we are 4 million homes short. And then they made a very interesting point that the best year ever on record, there were only 2 million new homes built. So pretty simple math. We're 4 million homes short, 2 million homes per year. Best case that we have supply chain issues right now, but in a perfect world, it's going to take two more years before we get a balanced.
